KPMG International has selected John B. Veihmeyer, the chairman and CEO of KPMG’s U.S. firm, as global chairman, succeeding Michael Andrew, who is retiring due to what has been described as a “serious medical condition.”

The firm said that Andrew was recently diagnosed with the unspecified condition and plans to focus on his treatment and recovery while continuing his work as co-chair of the Australian B20 Working Group on Anti-Corruption. Andrew, who hails from Australia, has been global chairman since 2011 and has been running the firm from Hong Kong. However, he plans to continue his role as co-chair of the Australian B20 Working Group on Anti-Corruption, which brings together business leaders from the G20 economies and advises them on the views of more than 6.5 million small, medium and large companies.  Australia is the current holder of the G20 Presidency.

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